Modella Capital news and archive

Claire’s reportedly set to close up to 145 stores across UK

Accessories retailer Claire’s is believed to be preparing to shutter 145 stores across the UK and Ireland on the back of securing a new owner for its business in the two regions. The move comes after Modella Capital stepped up to rescue the retailer from administration last week. The deal, however, only involved the purchase of 156 Claire’s...

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Modella saves 156 Claire's UK stores, future uncertain for remaining stores

The future of the iconic high street retailer Claire's has been partially secured after specialist investment firm Modella Capital agreed to acquire more than half of its business and assets in the UK and Ireland. The deal, confirmed by administrator Interpath, involves the purchase of 156 Claire's stores for an undisclosed sum, a move that...